Dutch RMBS spreads hit fresh lows but tightened lending rules to slow recovery

dutch houses
By Tom Porter
22 Jan 2015

Triple-A Dutch RMBS spreads in the three to five year bucket hit their lowest level since 2007 this week, helped by a stronger than expected rally in the housing market at the end of last year. But tighter lending criteria are expected to dampen a more widespread recovery in larger properties.

Dutch paper now represents the tight end of European RMBS, with spreads having gradually tightened through those of UK RMBS deals last year.

Triple-A Dutch RMBS spreads in the three to five year bucket began 2014 around 81bp, but were at less than half that at the end ...

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